SAP, Nokia and Giesecke & Devrient to estab...
Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------
Vienna, Austria - SAP, Nokia and Giesecke & Devrient (G&D) today have
announced plans to form a new company, named "Original1," to deliver
unique product authentication and anti-counterfeiting services across
the globe. These services will be aimed at protecting companies and
consumers in a wide range of industries from product piracy and
counterfeiting, thereby maintaining brand values, revenue potentials
and profitability of branded goods. Original1 will be headquartered
in Frankfurt, Germany, and headed by Claudia Alsdorf, currently vice
president of SAP Research. The new company is expected to begin
operations before the end of 2009, subject to the approval of the
responsible anti-trust authorities. The announcement was made at SAP®
TechEd 2009, being held October 27-29 in Vienna, Austria.
"Counterfeiting is a worldwide problem that is increasing and
affecting many successful companies in all industries," said Alsdorf.
"Today, more than ever, companies need to combat counterfeiting
before it's too late, when their company livelihood is at stake.
Original1 will provide a one-stop shop for companies seeking secure
services that protect them from counterfeiting, safeguard the value
of their brands, and help them develop a more transparent way of
working to become more sustainable."
Original1's services will rely on SAP technology and solutions, while
Nokia will deliver mobile authentication software to allow businesses
to follow a branded product's entire life cycle, from a factory to
the end customer, using mobile devices. G&D's contribution to
Original1 will consist of security solutions for the entire value
chain. This comprises user authentication, end-to-end encryption of
the information flow and database encryption. The solution covers the
complete sales and logistic supply chain by protecting products and
related product packaging by tagging them with intelligent,
tamper-proof serialized product codes.
"We see a big business opportunity in brand protection services,"
said Antti-Jussi Suominen, general manager, Commerce, Corporate
Development, Nokia. "Nokia started a mobile phone-based product
authentication business program in 2006; this joint venture is a
logical step in evolving that business. We will provide Original1
with the mobility expertise and related technology and believe that
mobility will bring a totally new paradigm to brand protection."
"The brand protection system relies on the trust, customer and
companies have in it. Giesecke & Devrient is a Partner of trust for
government authorities and companies with special security
requirements," said Dr. Kai Grassie, group senior vice president and
head of the New Business division, G&D. "This comprises areas like
banknote printing and processing, as well as security products and
services for the mobile communication, payment and the IT security
industry. G&D will contribute its extensive expertise in high-level
security technology to Original1."
About Giesecke & Devrient
Giesecke & Devrient (G&D) is a leading international technology
provider headquartered in Munich, Germany. With a headcount of around
10,000 employees, the Group generated sales of EUR 1.7 billion in
fiscal 2008. Founded in 1852, G&D is a global market leader and
pioneering innovator in banknote and banknote paper production and
processing, smart card solutions for telecommunications and
electronic payment, and security documents and identification
systems. Over 50 subsidiaries and joint ventures across more than 30
countries ensure customer proximity worldwide. For more information,
visit our website at: www.gi-de.com.
About Nokia
Nokia is a pioneer in mobile telecommunications and the world's
leading maker of mobile devices. Today, we are connecting people in
new and different ways - fusing advanced mobile technology with
personalized services to enable people to stay close to what matters
to them. We also provide comprehensive digital map information
through NAVTEQ; and equipment, solutions and services for
communications networks through Nokia Siemens Networks.
About SAP
SAP is the world's leading provider of business software(*), offering
applications and services that enable companies of all sizes and in
more than 25 industries to become best-run businesses. With more than
89,000 customers in over 120 countries, the company is listed on
several exchanges, including the Frankfurt stock exchange and NYSE,
under the symbol "SAP." For more information, visit www.sap.com.
NOKIA FORWARD-LOOKING STATEMENTS
It should be noted that certain statements herein which are not
historical facts, including, without limitation, those regarding: A)
the timing of product, services and solution deliveries; B) our
ability to develop, implement and commercialize new products,
services, solutions and technologies; C) our ability to develop and
grow our consumer Internet services business; D) expectations
regarding market developments and structural changes; E) expectations
regarding our mobile device volumes, market share, prices and
margins; F) expectations and targets for our results of operations;
G) the outcome of pending and threatened litigation; H) expectations
regarding the successful completion of contemplated acquisitions on a
timely basis and our ability to achieve the set targets upon the
completion of such acquisitions; and I) statements preceded by
"believe," "expect," "anticipate," "foresee," "target," "estimate,"
"designed," "plans," "will" or similar expressions are
forward-looking statements. These statements are based on
management's best assumptions and beliefs in light of the information
currently available to it. Because they involve risks and
uncertainties, actual results may differ materially from the results
that we currently expect. Factors that could cause these differences
include, but are not limited to: 1) the deteriorating global economic
conditions and related financial crisis and their impact on us, our
customers and end-users of our products, services and solutions, our
suppliers and collaborative partners; 2) the development of the
mobile and fixed communications industry, as well as the growth and
profitability of the new market segments that we target and our
ability to successfully develop or acquire and market products,
services and solutions in those segments; 3) the intensity of
competition in the mobile and fixed communications industry and our
ability to maintain or improve our market position or respond
successfully to changes in the competitive landscape; 4)
competitiveness of our product, services and solutions portfolio; 5)
our ability to successfully manage costs; 6) exchange rate
fluctuations, including, in particular, fluctuations between the
euro, which is our reporting currency, and the US dollar, the
Japanese yen, the Chinese yuan and the UK pound sterling, as well as
certain other currencies; 7) the success, financial condition and
performance of our suppliers, collaboration partners and customers;
8) our ability to source sufficient amounts of fully functional
components, sub-assemblies, software and content without interruption
and at acceptable prices; 9) the impact of changes in technology and
our ability to develop or otherwise acquire and timely and
successfully commercialize complex technologies as required by the
market; 10) the occurrence of any actual or even alleged defects or
other quality, safety or security issues in our products, services
and solutions; 11) the impact of changes in government policies,
trade policies, laws or regulations or political turmoil in countries
where we do business; 12) our success in collaboration arrangements
with others relating to development of technologies or new products,
services and solutions; 13) our ability to manage efficiently our
manufacturing and logistics, as well as to ensure the quality,
safety, security and timely delivery of our products, services and
solutions; 14) inventory management risks resulting from shifts in
market demand; 15) our ability to protect the complex technologies,
which we or others develop or that we license, from claims that we
have infringed third parties' intellectual property rights, as well
as our unrestricted use on commercially acceptable terms of certain
technologies in our products, services and solutions; 16) our ability
to protect numerous Nokia, NAVTEQ and Nokia Siemens Networks
patented, standardized or proprietary technologies from third-party
infringement or actions to invalidate the intellectual property
rights of these technologies; 17) any disruption to information
technology systems and networks that our operations rely on; 18)
developments under large, multi-year contracts or in relation to
major customers; 19) the management of our customer financing
exposure; 20) our ability to retain, motivate, develop and recruit
appropriately skilled employees; 21) whether, as a result of
investigations into alleged violations of law by some former
employees of Siemens AG ("Siemens"), government authorities or others
take further actions against Siemens and/or its employees that may
involve and affect the carrier-related assets and employees
transferred by Siemens to Nokia Siemens Networks, or there may be
undetected additional violations that may have occurred prior to the
transfer, or violations that may have occurred after the transfer, of
such assets and employees that could result in additional actions by
government authorities; 22) any impairment of Nokia Siemens Networks
customer relationships resulting from the ongoing government
investigations involving the Siemens carrier-related operations
transferred to Nokia Siemens Networks; 23) unfavorable outcome of
litigations; 24) allegations of possible health risks from
electromagnetic fields generated by base stations and mobile devices
and lawsuits related to them, regardless of merit; as well as the
risk factors specified on pages 11-28 of Nokia's annual report on
Form 20-F for the year ended December 31, 2008 under Item 3D. "Risk
Factors." Other unknown or unpredictable factors or underlying
assumptions subsequently proving to be incorrect could cause actual
results to differ materially from those in the forward-looking
statements. Nokia does not undertake any obligation to publicly
update or revise forward-looking statements, whether as a result of
new information, future events or otherwise, except to the extent
legally required.
SAP (*) SAP defines business software as comprising enterprise
resource planning and related applications.
Any statements contained in this document that are not historical
facts are forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as "anticipate,"
"believe," "estimate," "expect," "forecast," "intend," "may," "plan,"
"project," "predict," "should" and "will" and similar expressions as
they relate to SAP are intended to identify such forward-looking
statements. SAP undertakes no obligation to publicly update or revise
any forward-looking statements. All forward-looking statements are
subject to various risks and uncertainties that could cause actual
results to differ materially from expectations. The factors that
could affect SAP's future financial results are discussed more fully
in SAP's filings with the U.S. Securities and Exchange Commission
("SEC"), including SAP's most recent Annual Report on Form 20-F filed
with the SEC. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of their dates.
Copyright © 2009 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP
products and services mentioned herein as well as their respective
logos are trademarks or registered trademarks of SAP AG in Germany
and in several other countries all over the world. All other product
and service names mentioned are the trademarks of their respective
companies. Data contained in this document serve informational
purposes only. National product specifications may vary.
Media Enquiries:
Nokia
Communications, Tel. +358 7180 34900, Email: press.services@nokia.com
Communications, Corporate Development, Tel. +358 7180 22152
SAP
Guenter Gaugler Tel. +49 (6227) 7-65416, Email:
guenter.gaugler@sap.com, CET
SAP Press Office, Tel. +49 (6227) 7-46315, CET; +1 (610) 661-3200,
EDT; Email: press@sap.com
Giesecke & Devrient
Giesecke & Devrient, Stefan Waldenmaier, Tel. +49 (89) 4119-2985,
CET, Email: stefan.waldenmaier@gi-de.com
G&D Press Office, Email: press@gi-de.com, www.gi-de.com
www.nokia.com
--- End of Message ---
NOKIA
P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo
WKN: 870737;
ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50;
Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;
Latest directors dealings
- 10 hours ago Close Brothers Group
- 10 hours ago Savannah Energy
- 10 hours ago Mid Wynd International Inv Trust
- 11 hours ago Dillistone Group
- 11 hours ago SSP Group